Skip to main content

HB 1536 (2024)

Increase expense deduction under BPT

Summary:

Increases the amount of the section 179 expense deduction permitted against the Business Profits Tax (BPT), from $500,000 to $1 million.

Bill Sponsor:
John Janigian
Republican party logo
Bill Became Law?:
No
Status:
SENATE
Status Detail:
Interim Study
Public Hearing Date:
04/10/2024 10:15 am
Public Hearing Location:
SH Room 100
House Voting Date:
03/14/2024
Senate Voting Date:
05/22/2024
Thank you to our sponsors and donors